Public education in the United States is

A. paid for through the Social Security program.
B. paid for mostly by the parents of students.
C. subsidized mainly by state and local governments.
D. funded by the federal government only.

Answer: C

Economics

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Increase in consumer confidence will ________ the expenditure curve:

A) decrease. B) increase. C) down. D) none of the above.

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Economic growth may understate changes in standards of living if

A) the growth is accompanied by increasing congestion. B) leisure time is also increasing. C) the types of jobs generated feelings of alienation. D) deflation is taking place.

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